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Skip Navigation Linksinterim-results-2014 2014 Interim Results

Skip Navigation LinksFinancial Results

​2014 Interim Results

The Group achieved operating earnings growth of 44% (43% on a per share basis) during the six months ended 30 June 2014, with organic growth of 40% augmented by an earnings contribution of R130 million from recent acquisitions, up from R33 million in 2013.

Highlights

"Commitment to executing on our strategy over the years, coupled with a focus on specific priorities identified for 2014, supported our sustained growth during the first six months of the year."
Dr Johan van Zyl, Sanlam Group Chief Executive

43%

increase in Net result from financial services per share

7%

growth in New Business Volumes

18%

annualised return on Group Equity Value per share

Dr Johan van Zyl

Key Features

Earnings

  • Net result from financial services per share increased by 43%
  • Normalised headline earnings per share up 27%

Business Volumes

  • New business volumes up 7% to R89 billion
  • „Net value of new covered business up 7% to R626 million
  • Net new covered business margin of 2,68%
  • Net fund inflows of R22 billion

Group Equity Value

  • Group Equity Value per share of R42,77
  • Annualised Return on Group Equity Value per share of 18%

Capital Management

  • „Discretionary capital of R3,3 billion at 30 June 2014
  • Sanlam Life Insurance Limited CAR cover of 4,4 times

 

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